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Edificio

Albonese, Lombardia
Bedrooms
0
Baths
0
445
Price per m²
€225
Property type
Palazzo

Nel comune di Albonese proponiamo in vendita un ampio complesso immobiliare in corte, completamente da ristrutturare, ideale per imprese, investitori o per la realizzazione di più unità abitative. La proprietà è composta da diverse abitazioni, fienili, box auto, cantina, negozio con magazzino, locale caldaia e…

cellargarage

What it really costs

Condition not stated in the listing
See what needs doing and what each job costs
Why this price is what it is

At €100,000 for 445 sqm, the ask is just €225/sqm, but the description says completely to be renovated, so I estimate about €1,100/sqm renovation; effective cost is roughly €1,325/sqm. That is far above the low-stock baseline of €187/sqm for similar Lombardia listings, so despite the large size and mixed-use potential this looks weak on numbers.

More on the house and the area
What the photos show

This has the scale and faint historic presence of an old village palazzo, and the price per square metre is strikingly low. But it is explicitly a full renovation project made up of multiple units and outbuildings, so it reads more as a development shell than a beautiful home you could soon live in.

Comfortable600900/m²
€267,000 – €401,000

All the services redone, bathrooms, kitchen, windows. The structure is left alone.

This house
Full
€534,000 – €668,000

Turnkey, facade and insulation included.

Our read of the photos, €1,100/m², falls in this band.

Materials only, work you may do yourself€176,000 – €261,000

Wiring, water and sanitary work of any kind, heating, air conditioning and gas go to a registered firm by law, and so do flues and the air openings for gas appliances. That labour stays in the bill. Yours is the stripping out, plaster, paint, floors, tiling and carpentry.

Labour is 61% of a renovation price on average and 67% at the median, across 191 items of the Emilia-Romagna 2025 public price list. Materials are the rest. An averaged price list, not a quote.

Materials you buy yourself carry 22% VAT; supplied by the firm doing the work they go at the 10% renovation rate. On a €30,000 materials bill that is €3,600 of extra tax.

Household wiring installed before 13 March 1990 counts as compliant if it has a main breaker with overcurrent protection, protection against direct contact and a 30 mA RCD. Having a firm bring the existing wiring up to that and certify it is the cheapest lawful route.

Asking price + this range
€634,000 – €768,000
What worries us about this house
  • Completely to be renovated according to the listing.
  • Large mixed-use complex rather than a ready single home.
  • Livability is unclear with no confirmed bathrooms or kitchen.
  • Street-corner setting is practical but not scenic.

Estimate from the listing and its photos, not a survey. Treat it as the starting point for your own quotes. An Italian builder's quote is normally written without VAT and without design fees, so add about a quarter to any figure a firm gives you.

The area around

Location score 39/100

This is the western Lomellina and lower Novara rice plain, a flat agricultural landscape of paddies, irrigation canals and scattered farmsteads. The Ticino river and the Parco naturale della Valle del Ticino lie to the east, with the nearest access around Galliate and the Turbigo bridge area. Novara is the nearest city of size, with rail links, services and the landmark dome and bell tower of the Basilica di San Gaudenzio. The area is known for rice cultivation in the alluvial plain between the Sesia and Ticino.

The comune of Albonese
People living here
548
-5.7% between the 2011 and 2021 census
Over 65
34%
8.8% are under 14
Flood zone
12%
of residents live in a medium-risk flood area
How far to everything
To the sea
96 km
Nearest airport
88 min drive
Nearest city
40 min drive
Property address:Albonese
Get directions

Asking price

100,000
Deal score
27/100
Wow
42/100

Listed 30/07/2026